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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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More latest news

Cisco's software push fuels quarterly beat, strong forecast

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Air France-KLM unions bristle as Air Canada executive tipped for CEO job

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Swiss ban some Mercedes, Porsche models over emissions

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SEC scrutiny of Tesla grows as Goldman hints at adviser role

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Coca-Cola bets on Kobe sports drink in fight with Gatorade

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UK

U.K. stocks notch longest losing streak since February

MarketWatch - Last Update:

Royal Dutch Shell, BHP among day's biggest drags. The U.K.' s main stock index tumbled on Wednesday, posting its fifth straight daily drop as energy and commodity- related stocks declined and investors monitored the persistent turmoil in Turkey's currency and equity markets. The FTSE 100 ended down 1.5% to 7,497.87, shrugging off an early slight rise to turn decidedly lower.

Europe

European stocks drop 1%, with commodity shares among largest decliners

MarketWatch - Last Update:

Big losers include BHP, Rio Tinto. European stocks closed sharply lower on Wednesday, with losses accelerating throughout the session, with commodity- related stocks among the biggest decliners of the day. Major regional indexes opened slightly higher but soon turned negative.

US

'If there were ever a moment to harvest gains...it is August 2018,' warns Guggenheim's Minerd

MarketWatch - Last Update:

Scott Minerd advises us not to' be fooled by recent complacency'. Scott Minerd isn't bullish on U.S. stocks. And he can't emphasize that point enough.

Asia

Asian markets retreat, weighed by sinking tech stocks

MarketWatch - Last Update:

Indexes in China, Hong Kong down 1% or more; Nikkei pulls back as yen weakens. Asian stock markets started lowed Wednesday, even as worries eased over Turkey's currency crisis. Benchmarks in Taiwan, Hong Kong and China were down about 1%, with tech stocks continuing to sell off.

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